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INTU PROPERTIES PLC - intu appoints Dushyant Sangar as Chief Investment Officer

Release Date: 09/05/2019 10:00
Code(s): ITU     PDF:  
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intu appoints Dushyant Sangar as Chief Investment Officer

INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:      ITU
LEI: 213800JSNTERD5CJZO95

intu properties plc (“intu or “the Company”)

intu appoints Dushyant Sangar as Chief Investment Officer

intu is pleased to announce the appointment of Dushyant Sangar as its Chief Investment Officer.

Dushyant is currently Corporate Development Director at intu, having been appointed to the role and
joined the executive committee in 2014. Since then, he has played a vital role in intu's strategic
portfolio re-shaping having led all of the Company’s investment and divestment transactions, including
recent joint ventures. He has also been responsible for sourcing and building relationships with intu’s
capital partners which has included CPPIB, Nuveen, LaSalle, KWAP and most recently Cale Street,
backed by the Kuwait Investment Office, London. Since joining intu in 2010, Dushyant has worked on
over £5bn of transactions, including the acquisition of intu Trafford Centre, and he played a leading
role in intu’s entry into Spain and its successful development to date.

As Chief Investment Officer, Dushyant will be responsible for implementing the Company’s ongoing
investment strategy as well as continuing to manage acquisitions and disposals.

Prior to joining intu, Dushyant had roles in real estate private equity at MGPA (now Blackrock) where
he was part of the corporate acquisitions team, and investment banking at UBS where he specialised
in real estate.

Matthew Roberts, Chief Executive, said:

“Dushyant is a very talented and experienced real estate investment practitioner who has played a
vital role in our successful capital recycling over recent years. A key strategic objective for us is
making smart use of capital which includes reducing leverage and prioritising investment that furthers
our winning destination strategy. Dushyant will be key in delivering disciplined capital allocation
across the business and I very much look forward to working with him.”

ENQUIRIES

intu properties plc

Matthew Roberts                  Chief Executive                          +44 (0)207 960 1353

Amanda Campbell                  Communications Director                  +44 (0)207 960 1241

Public relations

UK                               Justin Griffiths, Powerscourt            +44 (0)20 7250 1446


Group Company Secretary
Susan Marsden
9 May 2019


JSE Sponsor:

Merrill Lynch South Africa (Pty) Limited

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